Swiss parliament symbolically rejects Credit Suisse rescue
23 April 2023 | 10:29 am
The government's deal for UBS to buyout troubled Credit Suisse has been rejected by lawmakers. The vote is merely symbolic, however, as the deal went through under an emergency law.
February 23, 2024
California-based chipmaker Nvidia showed with its latest earnings call that there is still room to grow, with revenue for the last quarter of 2023 surging 265 percent over the year to $22 billion and forecast to keep rising. In this edition of Business Daily, we take a look what Nvidia's success has been built on, and the potential challenges it could face moving forward.
4 days ago
On January 6, the US aviation regulator FAA ordered the temporary grounding of certain Boeing 737-9 MAX aircraft operated by US airlines or in US territory, affecting 171 planes.
2 days ago
As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones. Yet some industry watchers predict deflation for food at home later this year.
1 day ago
Without pausing to wipe the sweat from their brows, workers in northern Ivory Coast picked cotton by the handful - a crop saved by the use of extra insecticides after a new pest wreaked record damage across West and Central Africa last season.
2 days ago
The head of the World Trade Organization (WTO) said on Monday that "the world" may undershoot the 3.3% merchandise trade growth rate for this year.
6 hours ago
The Verdi trade union has called on its members working as ground personnel for Lufthansa to strike for three days, starting on Wednesday. The short-notice action is the latest of several similar strikes.
3 hours ago
Reports emerged of heavy gunfire in Chad's capital, N'Djamena, on Wednesday after fighting near the headquarters of the country's internal security agency turned deadly
4 hours ago
Broken childhoods is the summary of this week's film show: those of young film stars, at the heart of French actress Judith Godrèche's speech at France's César awards ceremony; and that of the young heroine in the film "When it Melts", which is out in France this week.
5 hours ago
After more than a century of conflict and the mass exodus of its Armenian population in September 2023, the self-styled republic of Nagorno-Karabakh has officially ceased to exist and is now fully under the rule of Azerbaijan.
6 hours ago
Polish farmers took to the streets of Warsaw demanding a ban on food imports from Ukraine. Under pressure, Poland's prime minister is considering a broader ban on Ukrainian food imports.
6 hours ago
Can airstrikes by the USA and its allies be effective in halting Houthi attacks on cargo ships in the Red Sea? Or will the conflict escalate across the entire region?
9 hours ago
The documentary, directed by Mati Diop, was awarded the Golden Bear. The top prize at this year's Berlin International Film Festival was given to “Dahomey,” a documentary by the French Senegalese filmmaker Mati Diop about 26 looted artworks that were returned to Benin from France in 2021.
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